The Adersh Control Device Ltd was Registered With the Authorised Capital of Rs 3,00,000 Divided Into 30,000 Shares

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The Adersh Control Device Ltd was registered with the authorised capital of Rs 3,00,000 divided into 30,000 shares of Rs 10 each, which were offered to the public. Amount payable as Rs 3 per share on application, Rs 4 per share on allotment and Rs 3 per share on first and final call. These share were fully subscribed and all money was dully received. Prepare journal and Cash Book.





Books of Adersh Control Device Ltd

JOURNAL


DateParticulars L.FDebit  Amount Rs Credit Amount Rs 
 Equity Share Application A/c   
    To Equity Share Capital A/c    (Share Application money for 30,000 shares @ Rs 3 per share transferred to Share Capital Account                  		 90,000            90,000      
 Equity Share Allotment A/c
    To Equity Share Capital A/c (Share Allotment money due on 30,000 @ Rs 4 per share)		 1,20,000        1.20,000  
 Equity Share First and Final Call A/c
    To Equity Share Capital A/c (Share First and Final Call due on 30,000 @ Rs 3 per share)		 90,000          90,000  

Cash book (Blank coloum)

DateParticularsJ.fAmount Rs DateParticulars J.FAmount Rs
 Equity Share  Application Equity Share Allotment Equity Share First and Final call 90,000       1,20,000       90,000           By Balance c/d 3,00,000
   3,00,000   3,00,000

Chapter-1 Accounting for Share Capital-II



Location: India

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